The Haos Visual technical indicator is a trend indicator in the form of a histogram oscillating around the zero level.
The algorithm of the Haos Visual indicator measures the difference between two William's Percent Rank T3 oscillators with different periods.
A signal line is also calculated.
The Haos Visual stock market indicator identifies over-bought and over-sold markets and could be used to find potential price reversal key zones.
Indicator converted from MT4 by request on English forum.
//PRC_HaosVisual | indicator //10.01.2017 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge //Converted from MT4 version // --- parameters // *** WPR1 *** t3period = 8 b = 0.7 per = 14 psel = 30 pbuy = -30 // *** WPR2 *** t3period2 = 8 b2 = 0.7 per2 = 96 psel2 = 40 pbuy2 = -40 // --- once b2=b*b once b3=b2*b once c1=-b3 once c2=(3*(b2+b3)) once c3=-3*(2*b2+b+b3) once c4=(1+3*b+b3+3*b2) once n=t3period once qb2=b2*b2 once qb3=qb2*b2 once qc1=-qb3 once qc2=(3*(qb2+qb3)) once qc3=-3*(2*qb2+b2+qb3) once qc4=(1+3*b2+qb3+3*qb2) once qn=t3period2 if(n<1) then n=1 endif once n=1+0.5*(n-1) once w1=2/(n+1) once w2=1-w1 if(qn<1) then qn=1 endif once qn=1+0.5*(qn-1) once qw1=2/(qn+1) once qw2=1-qw1 //--------- if barindex>per2 then wpr=Williams[per](close) qwpr=Williams[per2](close) e1=w1*wpr+w2*e1 e2=w1*e1+w2*e2 e3=w1*e2+w2*e3 e4=w1*e3+w2*e4 e5=w1*e4+w2*e5 e6=w1*e5+w2*e6 t3=c1*e6+c2*e5+c3*e4+c4*e3+50 Buffer1=t3 qe1=qw1*qwpr+qw2*qe1 qe2=qw1*qe1+qw2*qe2 qe3=qw1*qe2+qw2*qe3 qe4=qw1*qe3+qw2*qe4 qe5=qw1*qe4+qw2*qe5 qe6=qw1*qe5+qw2*qe6 qt3=qc1*qe6+qc2*qe5+qc3*qe4+qc4*qe3+50 Buffer2=qt3 if (t3>psel and qt3>psel2) then Dn2 =qt3 Up2 =0 Dn1 =0 Up1 =0 Mid =0 elsif (t3<=psel and qt3>psel2) then Dn1 =qt3 Up2 =0 Dn2 =0 Up1 =0 Mid =0 elsif (t3<pbuy and qt3<pbuy2) then Up2 =qt3 Dn2 =0 Dn1 =0 Up1 =0 Mid =0 elsif (t3>=pbuy and qt3<pbuy2) then Up1 =qt3 Up2 =0 Dn1 =0 Dn2 =0 Mid =0 else Mid =qt3 Up2 =0 Dn1 =0 Up1 =0 Dn2 =0 endif endif //return all levels to dotted lines, all others variables to histogram except the last 2 ones to lines RETURN 0 as "0 level", psel2 as "40 level", psel as "30 level", pbuy as "-30 level", pbuy2 as "-40 level", Up1 coloured(0,255,255) as "Up1", Dn1 coloured(255,127,80) as "Dn1", Up2 coloured(0,255,0) as "Up2", Dn2 coloured(0,255,0) as "Dn2", Mid coloured(30,144,255) as "Mid", Buffer1 coloured(255,215,0) as "Fast Line", Buffer2 coloured(0,255,0) as "Slow Line"
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